Aspen Aerogels Inc. (ASPN)’s Market Momentum: Closing Strong at 27.69, Down -2.98

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As of close of business last night, Aspen Aerogels Inc.’s stock clocked out at $27.69, down -2.98% from its previous closing price of $28.54. In other words, the price has decreased by -$2.98 from its previous closing price. On the day, 3.45 million shares were traded. ASPN stock price reached its highest trading level at $30.24 during the session, while it also had its lowest trading level at $27.365.

Ratios:

To gain a deeper understanding of ASPN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.82 and its Current Ratio is at 3.46. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.28.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on August 06, 2024, initiated with a Overweight rating and assigned the stock a target price of $27.

On March 06, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $22.

The Benchmark Company Upgraded its Hold to Buy on March 20, 2023, while the target price for the stock was maintained at $14.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 30 ’24 when Donald R. Young bought 134,629 shares for $27.62 per share.

RODRIGUEZ RICARDO C. sold 32,465 shares of ASPN for $978,387 on Aug 26 ’24. The CFO & Treasurer now owns 20,790 shares after completing the transaction at $30.14 per share. On Aug 26 ’24, another insider, RICARDO RODRIGUEZ, who serves as the Officer of the company, bought 32,465 shares for $30.14 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASPN now has a Market Capitalization of 2199923456 and an Enterprise Value of 2193798656. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.97 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 6.141 whereas that against EBITDA is 59.524.

Stock Price History:

Over the past 52 weeks, ASPN has reached a high of $33.15, while it has fallen to a 52-week low of $6.62. The 50-Day Moving Average of the stock is 10.70%, while the 200-Day Moving Average is calculated to be 33.74%.

Shares Statistics:

It appears that ASPN traded 1.62M shares on average per day over the past three months and 1829810 shares per day over the past ten days. A total of 76.50M shares are outstanding, with a floating share count of 75.68M. Insiders hold about 1.82% of the company’s shares, while institutions hold 92.06% stake in the company. Shares short for ASPN as of 1726185600 were 5991764 with a Short Ratio of 3.69, compared to 1723680000 on 4559020. Therefore, it implies a Short% of Shares Outstanding of 5991764 and a Short% of Float of 10.66.

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